Tim Berry and Ellen Rohr are two of
the best when it comes to business plan development. Tim is all about business
planning. He is an entrepreneur heading up his own business called Palo Alto
Software. He built his company from the ground up with no outside investments.
Now, that is a major feat if I have ever seen one. He has written several books
and also teaches starting a business and business planning.
Ellen Rohr went from a plumber’s
wife to a business builder. She thought she knew all there was to know about
running a business because she had received her degree in Business
Administration but in all honesty she did not even know how to balance a
checkbook. She almost ruined the family business because of it. She bounced
back and gathered people around her that could really be beneficial in her
learning how to handle a business the right way. She started Bare Bones Biz, a
venture capital and consulting company in 1995 and the rest is history.
One of the lessons that stuck out
for me from Ellen was “Let Go of What
You Can’t Control”. There is no need to get down and out and upset over
something that is out of your control. You have to find a way to pick yourself
back up, go back to the drawing board and hopefully come out better on the
other side. There is absolutely no time to waste if you plan on getting your
business off the ground. Keep moving forward is key because there is always
somebody everyday that is out there looking to take your idea or has your idea
and wants to do it better than you do.
A lesson
that resonated with me from Tim Berry was the fact that if your business plan
is finished that means that your company is finished as well. Your business
plan should be constantly changing and evolving to keep up with the current
trends so it won’t get lost with all the new technology and the new ways of
handling business. If that happens then you might as well hang up your CEO hat
and find another career. This was a very smart lesson to learn from Tim and it
can actually go a very long way if you take heed to the lesson!
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